According to the market forecast released by Eurofer on August 5, the output of all A572 grade 42 ms steel coil steel consumption industries in the European Union will drop by 12.8% in 2020, and rise by 8.9% in 2021. However, the European Union said that the government's "awesome strength" support will reduce the A572 grade 42 ms steel coil steel consumption intensity in the construction industry significantly less than other industries.
Structural steel S355JR, S355J0, S355J2G, S355J2G4 are low-alloy high-strength structural steels that comply with the European standard EN10025. S355JR steel in China is a low-alloy high-strength structural steel with a hardness of 70-80B and a yield strength of 300-400MPa. S355J2G3 steel is roughly equivalent to GB Q345D. S355J2G3 means that the delivery state is normalized, and the impact energy at -20°C is 27J. G3 and G4 mean the deoxidation method.
"Efficiency is benefit, time is money", the company is equipped with a high standard logistics team. After the products pass the factory inspection, they will coordinate the shipment as soon as possible according to customer requirements and schedules to hand over the booked steel materials to customers at the first time, to ensure no delay of customer's project progress, to strive for more project preparation time for customers.
In April 8th, 2018, our Philiphine customer purchased 1008 Tons API 5L Gr.B ERW pipes &Q345B seamless steel pipe for offshore oildfield resources drilling project. This is a regular demand almost every two month, and we has been cooperated more than three times, totally around 2100 tons API 5L Gr.B steel pipeline since 2015 year. We can supply the relative certificated for the API 5L Gr.B ERW pipes products like SGS report, B/L &Form M, and mill test certificate.
Affected by the weakening of the futures steel market, the market sentiment is cautious. Considering the resource cost, the A572 grade 42 ms steel coil merchants have strong willingness to stand up price and follow the rise. After the price rise, the A572 grade 42 ms steel coil merchants' shipment is not smooth, the transaction situation is generally weak, the downstream high level acceptance is weak, and the inventory pressure is not obvious. It is expected that the A572 grade 42 ms steel coil prices will fall down and adjust in the future.
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